Risk Intelligence
Middle East Export Disruption
View Risks →RR Kabel delivered a strong Q4 FY26 with revenue of ₹2,964.1 Cr (+33.7% YoY) and EBITDA of ₹263.5 Cr (+34.6% YoY), driven by robust wires & cables demand across domestic and export markets.
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RR Kabel delivered a strong Q4 FY26 with revenue of ₹2,964.1 Cr (+33.7% YoY) and EBITDA of ₹263.5 Cr (+34.6% YoY), driven by robust wires & cables demand across domestic and export markets. The W&C segment grew 36.3% YoY, while FMEG revenue rose 13.8% YoY with losses narrowing. Management reiterated its Project Rise targets of 16-18% volume CAGR in W&C and 25% CAGR in FMEG, aiming for 9.5% W&C margins in FY27 and FMEG breakeven by FY27. The ₹1,200 Cr capex plan is on track, with cable capacity additions every six months. Key risk: prolonged Middle East disruption could impact ~12% of revenue from that region, though management expects mitigation via other geographies.
Middle East Export Disruption
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Read Transcript →Overall volume growth in wires and cables for Q4 FY26; cables grew high teens, wires mid-single digit.
Exports contributed 30% of W&C revenue in FY26; Middle East accounted for 40% of exports (~12% of total revenue).
Cable capacity utilization remains above 90%, driving need for ongoing capacity expansion every six months.
FMEG segment grew 3% in FY26; management targets 20-25% growth in FY27 with breakeven expected.
Management reaffirmed Project Rise target of 16-18% volume CAGR in wires and cables over three years, with FY27 expected to be within this range.
Prolonged geopolitical tensions in the Middle East could impact ~12% of total revenue, as exports to the region were disrupted in March and continu...
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